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[Principal Broker Pre-License] Brokerage Administration and Sales Supervision (BASS) with Exam Prep + Textbook

For Oregon Brokers who want to become Principal Brokers. Includes textbook.

$399.00

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Online Course
Bound Textbook
Practice Tests
Printable Certificate
PDF & EPUB eBook
EXAM PREP BOOK
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At A Glance:

Price: $399.00 (USD)
+ $15.00 Shipping and Handling
Purpose: For Oregon Brokers who want to become Principal Brokers. Includes textbook.
Features: online text, textbook, practice tests, printable certificate, PDF eBook, Exam Prep Book
Hours: 40 Hours
Category: Real Estate > Principal Broker Licensing > Oregon > Principal Broker Pre-License
Sponsor /
Delivery:
OnlineEd
7405 SW Beveland Rd,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com

Courses Included:

For Oregon Brokers who want to become Principal Brokers. Includes textbook.

An Oregon broker who desires to become a principal broker is required to complete a 40-hour Oregon principal broker course called Brokerage Administration and Sales Supervision. This course instructs principal broker trainees on how to run a real estate brokerage and how to properly supervise brokers associated with the principal broker's license.

The Oregon Real Estate Agency permits this course to be used for real estate continuing education for second or subsequent real estate license renewals. Newly licensed Oregon real estate brokers are required to take Broker Advance Practices for their first-time license renewal.

This course package comes with the OnlineEd BASS textbook. While the course is designed for online delivery, the textbook is offered as a convenience for those who prefer to study offline and as an additional study aid. Books are not to be considered a substitute for our online course. Quizzes and final exams are required to be taken online. The textbook will follow the online course outline, but text may vary slightly due to our ability to update online information and our inability to update your textbook after it is purchased.

A state exam is required to obtain a principal broker license. This package includes a state exam prep module to help you prepare for the principal broker licensing test. The licensing exam is offered by the Oregon Real Estate Agency's testing provider, PSI Exams. You will need to submit a principal broker licensing application to the OREA, pass the OnlineEd BASS course, and then call PSI to schedule your principal broker licensing exam.



This Package Includes:

Brokerage Administration and Sales Supervision

Course ID: 1038-1039

Hours Provided: 40

Category: Brokerage Administration and Sales Supervision

View Course Syllabus

Brokerage Administration and Sales Supervision ("BASS" or the "principal broker course") is the required 40 hour prerequisite course for if you are a broker who wants to become a principal broker. This course can also be used as continuing education for broker or principal broker license renewal.

The course is in two parts:

Part 1 introduces you to topics dealing with the operation of a real estate brokerage. These topics include:

  1. Management of a Brokerage
  2. Business Planning
  3. Broker Supervision
  4. Advertising
  5. Real Estate Office and Regulatory Requirements
  6. Financial Records Trust Accounting
  7. Financial Records and Reports - Non-Trust Account
  8. Non-Financial Records and REA Audits

Part II is a review of the topics to be found on the Oregon principal broker licensing exam. These topics include:

  1. Agency
  2. Contracts
  3. Real Estate Law
  4. Practices
  5. Brokerage
  6. Finance
  7. Property Management

How To Get A Principal Real Estate Broker License In Oregon

To obtain a principal broker real estate license from the Oregon Real Estate Agency you must do the following:

  • Enroll in the OnlineEd® Brokerage Administration and Sales Supervision course; Submit your principal broker license application to the Oregon Real Estate Agency sometime before completion of your coursework;
  • Complete your course and confirm with OnlineEd® that you have submitted your principal broker license application to the Oregon Real Estate Agency;
  • OnlineEd® will then upload your electronic eligibility file and required personal information to PSI, the licensing exam proctor;
  • Schedule and pay for your licensing examination by contacting PSI as instructed upon course completion;
  • Sit for the licensing exam at the PSI location you select from the PSI web site; and
  • When you pass the licensing exam, you will receive an email from the Oregon Real Estate Agency containing a hyperlink for you to print out your principal broker real estate license.

Before you can obtain an Oregon Principal Broker license, you must be 18 years of age or older and have a high school diploma or GED equivalent. You also need to have at least 3 years of active real estate experience as a licensed real estate broker. (Oregon Administrative Rules 863-014-0040)

If you never passed an Oregon background check, the Oregon Real Estate Agency may require you to submit fingerprints and clear their background check process.

If you are a licensed Oregon real estate broker, the Oregon Real Estate Agency has records and proof of your past 3 years of real estate experience on-file. If you are licensed in a different state, then the REA will require you to submit a certified license history from that state.

This course will remain available to students for 730 days after purchase.

Oregon Real Estate Exam Prep

Category: Pre-License

The Exam Prep study guide will assist the student in preparation for the real estate licensing exam. The guide consists of a series of practice questions that are the basis for all real estate exams administered by the Oregon Real Estate Agency. A good working knowledge of these questions will prepare the student for the actual state administered examination.

This course will remain available to students for 365 days after purchase.

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